The Supreme People's Court provided guidance on the case, stating that Laihai Bank's non-principal-guaranteed investment agreement was invalid.
There had also been unlawful and improper inducement, which indirectly established that Laihai Bank had acted with subjective intent to raise funds illegally in this case.
It could be said... that Laihai Bank's violations had now been conclusively established.
The evidence was ironclad. There was no possibility of overturning it.
Once the Supreme People's Court issued its guidance and interpretation on the case, Su Bai immediately used that interpretation to apply to the court to preserve Laihai Bank's existing assets.
At the same time, he contacted the Joint Task Force handling the case.
He asked how the more than four billion lost in the collapse would be dealt with, and what solution would be offered to the investors.
The Joint Task Force responded, with the member responsible stating:
"This matter involves more than four billion. The Supreme People's Court has now given its response regarding that money, declaring it to be principal-guaranteed investment funds."
"I'm an investigator from the Central Bank. At present, Laihai Bank is basically unable to sustain repayment of more than four billion. It will most likely have to go through bankruptcy proceedings."
"Of course..."
"I heard that Lin Feng's father, Lin Sheng, has also been investigated over this matter."
"Even if Laihai Bank goes bankrupt, the Central Bank will certainly have to take responsibility for this money. The leadership is discussing the matter, and should soon provide an answer that satisfies the investors."
"And yet... Lin Feng still plunged straight into it."
"That said, the Law Enforcement Department has now taken all the relevant responsible personnel into custody. The investigation is more or less complete."
The Central Bank had management and supervisory responsibilities over all banks, and financial